Morgan Stanley has officially integrated cryptocurrency trading into E*Trade; eligible customers who have been approved can now buy, sell, and hold Bitcoin, Ethereum, and Solana on the platform. This move further incorporates crypto assets into the retail brokerage interface, allowing users to view their crypto holdings alongside traditional assets like stocks.
The company disclosed that this service is delivered in partnership with digital asset infrastructure provider Zero Hash. The associated crypto assets are not held directly by Morgan Stanley but are stored in affiliated Zero Hash accounts. Morgan Stanley stated that transactions will incur a fee of 50 basis points, and the transfer functionality is expected to be launched later this year.
Initially supports three spot assets
The currently available cryptocurrencies include BTC, ETH, and SOL, all for spot trading only, with no leverage or derivatives involved. Morgan Stanley states that clients can view these crypto holdings directly within the E*TRADE interface, providing a unified display alongside their existing securities accounts.
- Supported assets: Bitcoin, Ethereum, Solana
- Target audience: Eligible E*Trade customers
- Custody and Execution: Provided by Zero Hash
Fees and account structure have been clarified.
According to the company’s statement, the execution and custody of this service are handled by external partners, while Morgan Stanley is responsible for providing access and account integration on the brokerage platform. This also indicates that the bank continues to collaborate with digital asset infrastructure companies as it advances its crypto business.
Morgan Stanley stated that the current trading fee is 0.5%. As for the deposit and withdrawal functions for crypto assets, these features have not yet been enabled on the platform and are expected to be launched later this year.
The digital asset business continues to expand.
This launch continues Morgan Stanley’s cryptocurrency initiatives over the past year. The company disclosed in September 2025 its plan to initially support BTC, ETH, and SOL on E*Trade through Zero Hash, and this plan has now been fully implemented.
In January, Morgan Stanley filed registration documents with the U.S. Securities and Exchange Commission for spot Bitcoin and Solana ETFs, beginning to advance its own branded crypto investment products. In April, the bank further indicated it was exploring tokenization, tokenized money market funds, and digital asset tax management tools. Subsequently, Morgan Stanley launched a money market fund targeted at stablecoin issuers for reserve management.
Overall, the launch of spot trading on E*Trade demonstrates that Morgan Stanley is extending its cryptocurrency business beyond ETFs and institutional products to include retail-focused brokerage platform services.
Additional information: The term “eligible customers” mentioned in the article does not disclose more specific eligibility criteria, and the original text does not indicate whether this service will be rolled out regionally in phases.